M3, Inc. logo

M3, Inc.

2413.T

JPXHealthcareMedical - Healthcare Information Services

Latest quote

¥1,720

+¥12.00 · +0.70%

Aug 24, 1:27 PM JST

2413.T company overview

Regular session · JST · Market data may be delayed.

Company profile

Company website

M3, Inc. is a Japanese company that delivers a broad spectrum of internet-based services, predominantly catering to medical professionals and the broader healthcare industry. Its operations are segmented into five key areas: Medical Platform, Evidence Solution, Career Solution, Site Solution, and Overseas. M3 manages several specialized online platforms, including m3.com, an exclusive information portal for healthcare professionals; MR-kun, which ensures member doctors receive ongoing updates via the m3com platform; QOL-kun, offering non-medical life support; and AskDoctors, where certified physicians address public health inquiries from the general public. Internationally, it operates MDLinx for U.S. medical professionals and Doctorsnetuk, a U.K.-based site supporting pharmaceutical companies and providing drug information databases across France, Germany, and Spain. Furthermore, M3 offers dedicated career services for doctors and pharmacists through its m3com CAREER platform. Its diverse business portfolio extends to sales and marketing for pharmaceutical and medical device companies, as well as the development, sale, and maintenance of electronic medical records and equipment for healthcare facilities. M3 also conducts surveys for medical professionals, offers online sales and marketing assistance to pharmaceutical firms, provides management consulting to medical institutions, delivers home-visit nursing services, and specializes in human resource solutions for healthcare staff, alongside managing clinical trial facilities. Established in 2000, the company was initially named So-netM3, Inc., before rebranding to M3, Inc. in January 2010. Its headquarters are located in Tokyo, Japan.

Industry
Medical - Healthcare Information Services
Sector
Healthcare
Headquarters
JP
CEO
Itaru Tanimura
Listed since
Sep 16, 2004
Employees
17,010

Market position

Day range

Current ¥1,720

52-week range

Current ¥1,720

Open
¥1,695.5
Previous close
¥1,708
Volume
1.94M
0.36× average
Average volume
5.4M
Average daily volume
Market cap
1.15T JPY
Beta
0.48
Market reference 1
50-day average
¥1,775.33
-3.12% below average
200-day average
¥1,810.01
-4.97% below average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
963.84B JPY
EV / EBITDA
10.2×
Earnings yield
4.52%
Free cash flow yield
5.76%

Profitability & efficiency

Return on equity
12.03%
Return on assets
7.70%
Return on invested capital
9.17%

Financial health

Current ratio
2.73×

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends64%46%28%9%Gross margin, FY2022: 59.22%Gross margin, FY2023: 58.57%Gross margin, FY2024: 58.83%Gross margin, FY2025: 54.18%Gross margin, FY2026: 50.05%Operating margin, FY2022: 32.28%Operating margin, FY2023: 30.48%Operating margin, FY2024: 27.43%Operating margin, FY2025: 21.56%Operating margin, FY2026: 19.95%Net margin, FY2022: 30.67%Net margin, FY2023: 21.24%Net margin, FY2024: 18.95%Net margin, FY2025: 14.21%Net margin, FY2026: 13.97%FY2022FY2023FY2024FY2025FY2026
Gross margin FY2022 59.22%. Gross margin FY2023 58.57%. Gross margin FY2024 58.83%. Gross margin FY2025 54.18%. Gross margin FY2026 50.05%. Operating margin FY2022 32.28%. Operating margin FY2023 30.48%. Operating margin FY2024 27.43%. Operating margin FY2025 21.56%. Operating margin FY2026 19.95%. Net margin FY2022 30.67%. Net margin FY2023 21.24%. Net margin FY2024 18.95%. Net margin FY2025 14.21%. Net margin FY2026 13.97%.

Income trends

Revenue

351.36B JPY+23.33%

Operating income

70.1B JPY+14.14%

Net income

49.1B JPY+21.28%
Income trends across reported periods382.45B JPY258.1B JPY133.75B JPY9.4B JPYRevenue, FY2022: 208.16B JPYRevenue, FY2023: 230.82B JPYRevenue, FY2024: 238.88B JPYRevenue, FY2025: 284.9B JPYRevenue, FY2026: 351.36B JPYOperating income, FY2022: 67.2B JPYOperating income, FY2023: 70.35B JPYOperating income, FY2024: 65.53B JPYOperating income, FY2025: 61.42B JPYOperating income, FY2026: 70.1B JPYNet income, FY2022: 63.85B JPYNet income, FY2023: 49.03B JPYNet income, FY2024: 45.27B JPYNet income, FY2025: 40.48B JPYNet income, FY2026: 49.1B JPYFY2022FY2023FY2024FY2025FY2026
Revenue FY2022 208.16B JPY. Revenue FY2023 230.82B JPY. Revenue FY2024 238.88B JPY. Revenue FY2025 284.9B JPY. Revenue FY2026 351.36B JPY. Operating income FY2022 67.2B JPY. Operating income FY2023 70.35B JPY. Operating income FY2024 65.53B JPY. Operating income FY2025 61.42B JPY. Operating income FY2026 70.1B JPY. Net income FY2022 63.85B JPY. Net income FY2023 49.03B JPY. Net income FY2024 45.27B JPY. Net income FY2025 40.48B JPY. Net income FY2026 49.1B JPY.
Metric (JPY)FY2026FY2025FY2024FY2023FY2022
Revenue351.36B JPY284.9B JPY238.88B JPY230.82B JPY208.16B JPY
Cost of goods sold175.52B JPY130.54B JPY98.35B JPY95.63B JPY84.89B JPY
Gross profit175.84B JPY154.36B JPY140.53B JPY135.19B JPY123.27B JPY
Selling, general, and administrative105.74B JPY82.37B JPY67.65B JPY58.99B JPY51.14B JPY
Operating expenses105.74B JPY92.95B JPY75B JPY64.83B JPY56.07B JPY
Interest income3.74B JPY2.53B JPY4.85B JPY2.4B JPY1.1B JPY
Interest expense1.01B JPY717M JPY391M JPY69M JPY52M JPY
Depreciation and amortization17.23B JPY12.21B JPY8.88B JPY7.43B JPY6.27B JPY
Operating income70.1B JPY61.42B JPY65.53B JPY70.35B JPY67.2B JPY
Net income49.1B JPY40.48B JPY45.27B JPY49.03B JPY63.85B JPY

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
45%
5 beats, 6 misses, 0 met estimates
Average EPS surprise
-6.27%
11 comparable reports
Latest EPS result
13.6
Estimate 20.05 · Miss by 32.17%

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates29.322.7916.279.76Q1 '25BeatQ2 '25MissQ3 '25BeatQ4 '25BeatQ1 '26BeatQ2 '26MissQ3 '26MissQ4 '26Estimate
Q1 2025, reported Feb 10, 2025: actual 22.46, estimate 18.06, surprise +24.36%, Beat. Q2 2025, reported May 2, 2025: actual 11.69, estimate 15.85, surprise -26.25%, Miss. Q3 2025, reported Aug 6, 2025: actual 17.44, estimate 16.6, surprise +5.06%, Beat. Q4 2025, reported Nov 12, 2025: actual 16.03, estimate 14, surprise +14.50%, Beat. Q1 2026, reported Feb 4, 2026: actual 27.95, estimate 21.83, surprise +28.03%, Beat. Q2 2026, reported May 1, 2026: actual 11.11, estimate 14.08, surprise -21.09%, Miss. Q3 2026, reported Aug 6, 2026: actual 13.6, estimate 20.05, surprise -32.17%, Miss. Q4 2026, reported Oct 22, 2026: actual —, estimate 19.53, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates99.98B91.32B82.66B73.99BQ1 '25BeatQ2 '25BeatQ3 '25BeatQ4 '25BeatQ1 '26MissQ2 '26MissQ3 '26MissQ4 '26Estimate
Q1 2025, reported Feb 10, 2025: actual 80.7B JPY, estimate 77.84B JPY, surprise +3.68%, Beat. Q2 2025, reported May 2, 2025: actual 79.38B JPY, estimate 78.47B JPY, surprise +1.15%, Beat. Q3 2025, reported Aug 6, 2025: actual 86.2B JPY, estimate 85.77B JPY, surprise +0.51%, Beat. Q4 2025, reported Nov 12, 2025: actual 84.69B JPY, estimate 84.1B JPY, surprise +0.70%, Beat. Q1 2026, reported Feb 4, 2026: actual 93.51B JPY, estimate 96.14B JPY, surprise -2.73%, Miss. Q2 2026, reported May 1, 2026: actual 86.97B JPY, estimate 89.99B JPY, surprise -3.36%, Miss. Q3 2026, reported Aug 6, 2026: actual 90.11B JPY, estimate 94.51B JPY, surprise -4.66%, Miss. Q4 2026, reported Oct 22, 2026: actual —, estimate 93.09B JPY, surprise —, Comparison unavailable.

Corporate actions

Annual dividends per share

Cash distributions grouped by calendar year; partial years are marked.

¥21.00

2025 complete year+75.0% since 2021

2026 partial: ¥22.00

* Partial calendar year in the available dividend history.

Corporate action history

Dividend

Ex-dividend Mar 30, 2026

¥22.00

Annual

Record Mar 31, 2026 · Payment Jun 12, 2026

Dividend

Ex-dividend Mar 28, 2025

¥21.00

Annual

Record Mar 31, 2025 · Payment Jun 9, 2025

Dividend

Ex-dividend Mar 28, 2024

¥21.00

Annual

Record Mar 31, 2024 · Payment Jun 10, 2024

Dividend

Ex-dividend Mar 30, 2023

¥19.00

Annual

Record Mar 31, 2023 · Payment Jun 12, 2023

Dividend

Ex-dividend Mar 30, 2022

¥16.00

Annual

Record Mar 31, 2022 · Payment Jun 13, 2022

Dividend

Ex-dividend Mar 30, 2021

¥12.00

Annual

Record Mar 31, 2021 · Payment Jun 10, 2021

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